Practical

Paper Code

Paper Title

STT-424

Practical

CO 118: To understand and calculate variable and attribute control charts and judges the process quality.

CO 119: To understand and calculate probabilities associated to single and double sampling plans, including AQL, LQL, consumer’s and producer’s risks, OC, ASN.

CO 120: To give judgment of quality issues of process and product and to rectify them using control charts and acceptance sampling plans.

CO 121: To understand the concept, formulation and application of index numbers.

CO 122: To construct simple and weighted price, quantity, and value indexes and interpret them to identify trends in a data set.

CO 123: To use the consumer price index to determine the purchasing power of the money

CO 124: To shift the base to make two series comparable and splice an old series with a new series of index numbers.

CO 125: To understand the concept of time series, its components and their estimation.

CO 126: To apply ideas to real time series data and interpret outcomes of analyses.

CO 127: To be able to estimate models for time-series data.

Approach in teaching:

Interactive Lectures,

Group Discussion,

Classroom Assignment

Problem Solving Sessions

Learning activities for the students:

Assignments

Seminar

Presentation

Subject based  Activities

Classroom Quiz

Assignments

Class Test

Individual Presentation